Why Live in Richmond
Richmond, Maine, a peaceful residential enclave in Sagadahoc County, boasts a historic downtown on the Kennebec River. Initially established as Fort Richmond in 1719, it evolved into a shipbuilding hub in the 19th century before becoming the quiet town it is today. The town features a walkable Main Street with local businesses and amenities, while its surrounding forests and waterways provide ample outdoor recreation. Richmond's homes range from 18th and 19th-century properties in the historic district to more recent ranches and Cape Cods on larger, forested lots. The Richmond School Department serves the area, with students attending Marcia Buker Elementary and Richmond Middle and High School. Outdoor enthusiasts can enjoy Peacock Beach State Park, the Pleasant Pond Boat Launch, and Swan Island, accessible by ferry for birdwatching, swimming, and camping. Dining options include Annabella’s Bakery and Café, Kimberly’s Restaurant and Lounge, and The Old Goat pub. Community events such as the Art Fest by the Kennebec, Richmond Days, and the annual Christmas tree lighting foster a strong sense of community. Conveniently located along Interstate 295, Richmond is 20 miles from Augusta and 40 miles from Portland, making it an accessible location for commuters.
Frequently Asked Questions
What is the average home price in Richmond, ME?
Homes for sale in Richmond, ME have an average home price of $348,182.
How many homes have sold over the last 12 months in Richmond, ME?
34 homes have sold in Richmond, ME over the last 12 months.
What are the most popular zip codes in Richmond, ME?
How much do you need to make to afford a house in Richmond?
The median home price in Richmond is $349,950. If you put a 20% down payment of $70,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Richmond.
How are the schools in Richmond, ME?
Home Trends in Richmond, ME
On average, homes in Richmond, ME sell after 26 days on the market compared to the national average of 51 days. The median sale price for homes in Richmond, ME over the last 12 months is $325,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$325,000
Median Single Family Sale Price
$340,000
Average Price Per Sq Ft
$244
Number of Homes for Sale
6
Last 12 months Home Sales
34
Median List Price
$349,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%